Trends - SECMC - Business Recorder

SECMC

KE says not interested in Thar Block-II project sans its inclusion in IGCEP

ISLAMABAD: K-Electric (KE) has reportedly shown unwillingness to take ahead the 300-MW Mine Mouth coal-fired project...

Updated 21 Oct, 2024 08:54am

Thar coalfield phase-II: Sindh govt sounds alarm over delay in financial close

ISLAMABAD: The Sindh government has conveyed its concerns to Islamabad on possible financial implications of delay...

Updated 13 Oct, 2024 09:45am

Business & Finance

German CG praises transformative impact of Thar Coal project

LAHORE: The German Consul General Dr Rüdiger Lotz has said that the public-private partnership in Tharparkar is...

Published 01 Oct, 2024 06:49am

Markets

SECMC Ltd-International Electric Power (Pvt) Ltd merger approved by CCP

ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval for the acquisition of 11.9% of the...

Published 10 Sep, 2024 06:32am

Coal supply to Lucky plant: Leghari moves Murad as SECMC fails to honour commitments

ISLAMABAD: Minister for Power, Sardar Awais Ahmad Khan Leghari has approached Sindh Chief Minister Murad Ali Shah...

Updated 09 Jun, 2024 09:42am

PPIB asks SECMC to supply Thar coal to LEPCL

ISLAMABAD: Private Power & Infrastructure Board (PPIB) has asked Sindh Engro Coal Mining Company (SECMC) to...

Updated 15 May, 2024 08:46am

Markets

Share acquisition: Thal Limited to commence talks with SECMC stakeholders

Thal Limited (THALL) has decided to engage in discussions with the Pakistani shareholders of Sindh Engro Coal Mining...

Updated 25 Apr, 2024 09:47pm

Business & Finance

Engro Energy agrees to sell its thermal assets

KARACHI: Engro Energy Limited, a wholly owned subsidiary of Engro Corporation Limited, has entered into a Share...

Published 05 Apr, 2024 04:50am

Pakistan

Thar Foundation to launch special programme for Thari women

KARACHI: Thar Foundation is launching a special programme dedicated to enhancing technical and vocational skills...

Published 09 Mar, 2024 04:59am

Business & Finance

Hubco to acquire another 9.5pc stake in SECMC

KARACHI: The Hub Power Company Limited has entered into a definitive agreement to acquire additional 9.5 percent...

Published 17 Feb, 2024 05:51am

Mine mouth Thar coal project: SECMC wants to extend support for KE offtake

ISLAMABAD: Sindh Engro Coal Mining Company (SECMC) is said to have shown willingness in extending support for the...

Updated 24 Jan, 2024 09:58am

Rs55bn payment to SECMC: PD not paying heed to PMO’s and MoF’s dispatches

ISLAMABAD: The Power Division is reportedly not paying heed to the Prime Minister’s Office and Finance Ministry on...

Updated 18 Jan, 2024 10:05am

Opinion

Does Pakistan need copper?

The Business Recorder of January 08, 2024, carried a headline ‘Co asked to share logistic requirements for Reko Diq...

Updated 17 Jan, 2024 02:33pm

Editorials

Inching towards a coal crisis?

EDITORIAL: On top of all the economic and financial crises facing the country, it seems now we have a coal crisis on...

Published 17 Dec, 2023 03:01am

Power plants: Delay in clearance of Rs55bn dues jeopardises operations: SECMC

KARACHI: The delay in clearing the outstanding balance of Rs 55 billion by power plants to Sindh Engro Coal Mining...

Updated 14 Dec, 2023 09:36am

Pakistan

Study on flora, fauna of Tharparker launched

ISLAMABAD: In a defining moment for Tharparker's biodiversity, International Union for Conservation of Nature (IUCN)...

Published 16 Nov, 2023 05:39am

Markets

Thar Coal Block II: 1035 households given solar power

KARACHI: The Thar Foundation recently inaugurated Village Electrification Project (VEP) to illuminate households in...

Published 02 Nov, 2023 03:16am

Non-clearance of $50m receivables: CMEC may stop work at Thar coal mines after Sept 10

KARACHI: In a surprising move, the China Machinery Engineering Corporation (CMEC) has hinted to stop working on Thar...

Updated 30 Aug, 2023 09:44am

Business & Finance

75 Development Leadership Award bestowed on SECMC

KARACHI: Sindh Engro Coal Mining Company (SECMC), in collaboration with China Machinery Engineering Corporation...

Published 12 Aug, 2023 06:26am

Markets

Fuel cost of power generation surges 24.6pc in April

LAHORE: In a significant development impacting Pakistan’s energy sector, the fuel cost of power generation surged...

Published 14 Jun, 2023 06:21am

Opinion

Thar coal mine expansion

SECMC (Sindh Engro Coal Mining Company) has filed a tariff petition for expanding its capacity. This is a third...

Published 17 May, 2023 06:22am

Rs28bn receivables: Thar Power demands CPPA-G make payment

KARACHI: Thar Power project has demanded immediate release of receivables worth Rs 28 billion from Central Power...

Updated 29 Apr, 2023 11:48am

Editorials

Hot desert’s coal left out in the cold

EDITORIAL: The dollar crunch is hitting the economy hard; the power sector is no exception either. One more casualty...

Published 26 Apr, 2023 06:15am

SECMC’s forex-related issues: Sindh seeks Dar’s support

ISLAMABAD: The Government of Sindh (GoS) has sought Finance Minister’s help for opening of LCs and remittances for...

Updated 26 Apr, 2023 08:50am

Supply of Thar coal to industry: Tax amendments on the cards

ISLAMABAD: Prime Minister Office (PMO) has directed Federal Board of Revenue (FBR) to alter/ amend Income Tax...

Updated 17 Apr, 2023 08:48am

CPEC IPPs: Power Div asked to sort out revolving account issues

ISLAMABAD: Prime Minister Shehbaz Sharif has directed Power Division to hold a meeting with SAPM on Power,...

Updated 09 Mar, 2023 08:55am

CPEC power projects: China concerned over payment issues

Chinese government through Pakistan’s embassy in Beijing and its own embassy in Islamabad has raised this issue at all forums

Updated 06 Mar, 2023 11:39am

Pakistan

MPs characterise CPEC as ‘guarantor of Pakistan’s better tomorrow’

ISLAMABAD: Parliamentarians visiting CPEC projects in Sindh termed Thar as ‘bulwark of Pakistan’s future energy...

Published 06 Feb, 2023 06:20am

PM terms Thar power project ‘game-changer’

THAR: Prime Minister Shehbaz Sharif on Monday said amid skyrocketing fuel prices, the inexpensive energy production...

Updated 11 Oct, 2022 09:58am

Pakistan

PM Shehbaz stresses need to use Thar coal in all coal-based power plants

Inaugurates commercial operations of Phase-II of Sindh Engro Coal Mining Company

Published 10 Oct, 2022 04:31pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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